PLEASANTON, CA--(Marketwire - Jan 4, 2012) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in sales effectiveness and cloud computing, announced today that one of the world's leading retailers has selected CallidusCloud™ Monaco SPM suite to drive the performance of its North American store managers. The agreement was signed in the fourth quarter of 2011.

[ CallidusCloud Monaco SPM Suite ] delivers a 100% multi-tenant SaaS solution that helps companies maximize their sales and channel performance with targeted incentives and rewards. The solution:

• Enables the deployment of the right mix of commissions, Management by Objective (MBO) programs, bonus and stock allocations, and SPIFFs to dramatically improve alignment of sales execution with corporate objectives across channels
• Enables market agility with rapid go-to-market and mid-period coverage and incentive adjustments
• Consolidates all sales results data in a single platform with real time web and mobile access to deliver superior visibility into operations and financial performance

CallidusCloud delivers a comprehensive [ SaaS suite ] designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The CallidusCloud platform includes its100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics.

Be part of the Sales Revolution at the 2012 C³, CallidusCloud's annual user conference. Click [ here ] to learn more.

About Callidus Software

Callidus Software Inc. (NASDAQ: [ CALD ]) is the market and technology leader in [ sales effectiveness and cloud computing ]. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud's award-winning multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users rely on our solutions to power their performance. For more information, please visit [ www.calliduscloud.com ].

©2012. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, and Rapid Intake are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.